Assistant Dealer at CIC Insurance

Job Description

About the Role

Reporting to the Dealer, the role holder will support in the day-to-day management of dealing desk. The primary focus for this position will be best execution of all investment trades and providing trading administrative support services.

Key Responsibilities:

• Updating the schedule of monthly primary bonds bids upon receiving instructions from the Portfolio Managers
• Liquidity management and updating the weekly bank deposit rates schedule as per negotiations with the banks as well as the daily liquidity sheet.
• Confirmation of bonds and equities pricing sent by other counterparties prior to confirmation of execution
• Preparation of the weekly trading reports for review by the Dealer/Senior Dealer prior to circulation
• Follow up of execution of all investment decisions with already identified counterparties in the market.
• Liaise with the Dealer/Senior Dealer to ensure all key risk indicators are adhering to internal limits and regulatory requirements;
• Gather current market intelligence information and circulate to the investment team to guide decision making
• Participate in weekly investment hurdles, monthly investment committee meetings and any other relevant meetings.
• Seeking guidance from the Dealer/Senior Dealer on negotiation for best investment deals within the set limits (counterparty and price) as guided by the investment policy.
• Assist the Dealer/Senior Dealer in planning cash flow for settlement of executed transactions and manage excess cash.
• Participate in ad hoc assignments as required.
• Relationship management with key stakeholders including administrators, banks, brokers, custodians, and other market participants to ensure efficiency within the dealing desk.

Essential Knowledge/Skills and Experience Required:

• Bachelor’s degree in Finance, Mathematics, or a related field.
• A Chartered Investment & Financial Analyst (CIFA) certified or actively pursuing CIFA qualifications.
• 1–3 years of experience in Investment Banking, dealing, or Asset Management.
• Proficiency in Bloomberg and data visualization tools is a significant advantage.
• Fluency in at least two asset classes (e.g. Equities and fixed income).